Investigating Asymmetric Effects of Monetary Shocks on the Production and Employment in Automotive Industry: Non-Linear ARDL Approach [PDF]
The automotive industry as a major industry accounts for about 13% of total production and 15% of total employment in the Iranian industrial sector. The purpose of this paper is considering asymmetric, scale and direction the effects of positive and ...
Ebrahim Nasirifar +3 more
doaj +1 more source
Asymmetric shocks and EMU: Is there a need for a stability fund? [PDF]
A recent report by the European Parliament looks into questions relating to the likelihood of asymmetric shocks under EMU, the system's ability to absorb them and the need for new instruments and mechanisms. Our authors evaluate the report and qualify it on some important accounts, adding a proposal of their own on how to cope with unanticipated and ...
Belke, Ansgar, Gros, Daniel
openaire +3 more sources
This study attempts to investigate the asymmetric impacts of oil price and component shocks on categorical economic policy uncertainties (EPUs) in China. A novel multiple thresholds nonlinear autoregressive distributed lagged model (ARDL) was employed to
Yingce Yang, Junjie Guo, Ruihong He
doaj +1 more source
The asymmetric simple exclusion model with multiple shocks [PDF]
We consider the one dimensional totally asymmetric simple exclusion process with initial product distribution with densities $0 \leq ρ_0 < ...
Ferrari, P. A. +2 more
openaire +3 more sources
Asymmetric Effects of Oil Shocks on Government Expenditures and Investment: An Application of Murk Rule [PDF]
Oil revenues play an important role in the political economy of Iran. In this study we analyze the asymmetric effects of oil price shocks on government expenditures and investment for the period of 1978-2008.
Mir Hossein Mousavi, Fatemeh Sorkhe-Dehi
doaj
Does Crude Oil Production Respond Differently to Oil Supply and Demand Shocks? Evidence from Alaska
The paper conducts extensive research on how Alaska’s oil production is affected by shocks in oil supply, aggregate demand, and oil-specific demand under both symmetric and asymmetric scenarios.
Jungho Baek
doaj +1 more source
Testing the Validity of the Triplet Deficit Hypothesis for Turkey: Asymmetric Causality Analysis [PDF]
In this study, the validity was analyzed of the triple deficit hypothesis in Turkey between the years 1960 and 2012. First, the stationarity of positive and negative shocks related to the current account deficit, budget deficit, and savings gap was ...
Yusuf Ekrem AKBAŞ +2 more
doaj +1 more source
EMU and the Adjustment to Asymmetric Shocks: The Case of Italy [PDF]
In this paper we address the question on whether EMU has amplified or dampened intra euro area divergencies, by looking at a time-varying VAR model of Italy’s relative performance compared with the rest of the euro area, spanning from 1976 to 2009. Our main result is that EMU does not appear to have materially changed the transmission mechanism of ...
Amisano, Gianni +2 more
openaire +3 more sources
An Analysis of Asymmetry Effects of Oil Shocks on Economic Growth of the Oil-Exporting Countries: A Non-Liner Hidden Panel Cointegration [PDF]
Asymmetric effects of oil shocks mean the difference between the positive and negative effects of oil shocks. Empirical studies show that these asymmetric effects can affect economic growth in oil-exporting countries as well as importing countries.
Hamid Molaei +2 more
doaj
Impact of monetary policy on the macroeconomy in Uzbekistan [PDF]
PurposeThis study aims to examine the transmission mechanism of monetary policy in Uzbekistan, with a particular focus on the effectiveness and asymmetry of interest rate, exchange rate and credit channels.Design/methodology/approachThe analysis employs ...
Wenbo Wang, Mingguo Zhao
doaj +1 more source

